A Company Without Enterprise Resource Planning Expertise Can Call Upon

question 8

True/False

A company without enterprise resource planning expertise can call upon an application service provider to deliver, support, and maintain an ERP for a fixed monthly fee.

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Definitions:

Clearing House Interbank

A financial institution providing settlement and clearing services for financial transactions between banks.

International Location

The strategic geographical placement of a business operation or segment outside its home country.

Syndicate

A group of individuals or organizations combined to promote some common interest.

Net Present Value

A financial metric indicating the difference between the present value of cash inflows and the present value of cash outflows over a period of time.